General Dynamics, Visa, NXP Semiconductors, Penske Automotive And Other Big Stocks Moving Higher On Wednesday

U.S. stocks were lower, with the Dow Jones index falling around 200 points on Wednesday.

Shares of General Dynamics Corp (NYSE:GD) rose sharply after the company reported better-than-expected first-quarter financial results.

General Dynamics reported quarterly earnings of $4.10 per share which beat the analyst consensus estimate of $3.68 per share. The company reported quarterly sales of $13.481 billion which beat the analyst consensus estimate of $12.709 billion.

General Dynamics shares jumped 9.1% to $342.16 on Wednesday.

Here are some other big stocks recording gains in today’s session.

• Kalvista Pharmaceuticals Inc (NASDAQ:KALV) shares jumped 39% to $26.74 after the company announced it will be acquired by Chiesi Group.
• Silicon Motion Technology Corp. (NASDAQ:SIMO) gained 31% to $195.36 after the company reported better-than-expected first-quarter financial results and issued second-quarter sales guidance above estimates.
• NXP Semiconductors NV (NASDAQ:NXPI) gained 24.7% to $287.48 as the company reported upbeat first-quarter financial results.
• Bloom Energy Corp (NYSE:BE) surged 19.9% to $271.31 after the company reported better-than-expected first-quarter financial results and raised its FY26 guidance above estimates.
• PROG Holdings Inc (NYSE:PRG) rose 19.2% to $34.42 following upbeat quarterly earnings.
• Porch Group Inc (NASDAQ:PRCH) gained 17.7% to $10.11 after the company reported better-than-expected first-quarter financial results and raised its FY26 sales guidance above estimates.
• Extreme Networks Inc (NASDAQ:EXTR) jumped 17% to $19.95 following strong quarterly earnings.
• Seagate Technology Holdings PLC (NASDAQ:STX) gained 16.4% to $673.74 following upbeat earnings.
• Vita Coco Company Inc (NASDAQ:COCO) gained 15.6% to $59.69 after the company announced better-than-expected first-quarter financial results and raised its FY26 sales guidance above estimates.
• Brinker International Inc (NYSE:EAT) rose 13.5% to $146.56 after the company reported better-than-expected quarterly adjusted EPS results.
• Rush Street Interactive Inc (NYSE:RSI) gained 13.5% to $27.26 after the company reported better-than-expected quarterly financial results and raised its FY26 sales guidance above estimates.
• Delek US Holdings Inc (NYSE:DK) rose 12.2% to $46.08 following strong quarterly results.
• Generac Holdings Inc (NYSE:GNRC) jumped 11.5% to $242.26 after the company reported better-than-expected quarterly financial results.
• Maxlinear Inc (NASDAQ:MXL) gained 11.4% to $57.93.
• Element Solutions Inc (NYSE:ESI) rose 10.3% to $42.72 after the company reported better-than-expected quarterly financial results.
• Western Digital Corp (NASDAQ:WDC) gained 9.4% to $427.86.
• Penske Automotive Group Inc (NYSE:PAG) gained 8.6% to $175.60 following strong quarterly earnings.
• Visa Inc (NYSE:V) gained 8.5% to $335.76 after the company reported better-than-expected second-quarter financial results.
• Centene Corp (NYSE:CNC) gained 7% to $53.06.

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